One of the last things we need to do before we get started on our renovations is to find the bathtub for the master bathroom. We still have many fixtures, finishes, etc. that remain undecided, but our GC needs to know what the major appliances and fixtures are in order to rough in the new plumbing lines. We had been salivating over the antique ceramic tubs at Demolition Depot on 125th Street, but the nice ones there are upwards of $5,000. So on the way back from the parents’ in Connecticut, we stopped by United House Wrecking in Stamford.
From a subscription-only NY Sun article trumpeting the fact the the average sales price for a Manhattan apartment cleared the million-dollar mark in Q4 2004, we found this data on price appreciation in Brooklyn:
(Corcoran CEO Pam) Liebman pointed to Fort Greene in Brooklyn as an example. Prices for two-bedroom co-ops there increased 53%, to $457,000 from $298,000, according to the Corcoran Report. Even in neighborhoods that have been on the radar for several years, numbers continued to rise. At Cobble Hill, the average sales price of a condominium in 2004 increased 46% from the year before. At Park Slope, it was up 43%.
Apartment Prices Up, Inventory Down [NY Sun]